NOT LISTED FOR SALE

3620 Banar Dr SW Unit E Cedar Rapids, IA 52404

Estimated Value: $156,000 - $173,000

3 Beds
2.5 Baths
1,510 Sq Ft
$80/mo HOA Fee

Last Sold September 27, 2013

Last sale price $109,000 $72 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,178/month

12 Days on Market

Highlights

  • Deck
  • 1 Car Attached Garage
  • Forced Air Cooling System
  • Recreation Room
  • Eat-In Kitchen
  • Living Room

About This Home

As of September 2013

Tons of extras in this move-in ready condo! Enjoy the newer carpet, birch cabinets, breakfast bar, mainfloor laundry and 1/2 bath, vaulted ceilings in the master, and finished lower level with 3rd bedroom/rec room combo, office space, and 2nd full bath. Step outside on the rear deck, with stairs to the spacious yard and no neighbors behind you! Don't forget the additional parking in the neighboring parking lot. Quiet. convenient location and College Community Schools. Don't delay!

Last Agent to Sell the Property

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 08/14/2013

Last Buyer's Agent

Stefan Doerrfeld

Twenty40 Real Estate + Development Listed on: 08/14/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,986

Year Built

  • 2006

HOA Fees

  • $80 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Poured Concrete
  • Frame Construction
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Family Room
  • Living Room
  • Recreation Room
  • Basement Fills Entire Space Under The House

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Primary bedroom located on second floor

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Outdoor Features

  • Deck

Utilities

  • Forced Air Cooling System
  • Heating System Uses Gas
  • Gas Water Heater
  • Cable TV Available

Community Details

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,986

Year Built

2006

Lot Details

0

HOA Fees

$80 per month

Listing Details

  • Style: 2 Stories
  • Above Grade Finished Sq Ft: 1048
  • Association Fee Frequency: Month
  • Total Bathrooms: 2.10
  • Lower Level Bedroom: 1
  • Total Bedrooms: 3
  • City Name: Cedar Rapids
  • Dining Features: Breakfast Bar, Eat-In Kitchen
  • Gross Tax: 1986
  • List User Cell Phone: 319-361-3881
  • Low Lvl Fin Sq Ft: 462
  • Miscellaneous: Cable Ready, Deck
  • Net Tax: 1986
  • Property Sub Types: Condo/Zero Lot/Co-Op
  • Property Type: Residential
  • Ratio Close Price By List Price: 0.97321
  • Ratio Close Price By Original Li: 0.97321
  • Ratio Current Price By Sq Ft: 104.01
  • Total Sq Ft: 1510
  • Tax Roll Number: 200115700101004
  • Water Sewer Roads: City Sewer, City Water
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Heater – Gas
  • Additional Room: 1st Floor Family, 1st Floor Laundry, Living Room, Rec Room
  • Basement: Full, Pour
  • Basement: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bedrooms Level 2: 2
  • Level 2 Full Bathrooms: 1
  • Lower Level Full Bathrooms: 1
  • Level 1 Half Bathrooms: 1
  • Master Bedroom Level: Level 2

Exterior Features

  • Construction Methods: Frame
  • Exterior: Partial Brick, Vinyl

Garage/Parking

  • Garage/Parking: 1 Car, Attached
  • Garage Size: 264

Utilities

  • Heating Cooling: Central Air, Forced Air, Gas Heat

Condo/Co-op/Association

  • Association Fee: 80
  • Association: Yes

Schools

  • Elementary School: College Comm
  • Middle School: College Comm
  • High School: College Comm

Lot Info

  • Lot Size: COMMON

Rental Info

  • Pets: Pets Allowed

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 10, 2019
Sold by
Fortner Nicole Michelle and Fortner Tyler
Bought by
Lippens Jessica L
Total Days on Market
12
Current Estimated Value
$166,063

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,757
Outstanding Balance
$102,422
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$63,641

Purchase Details

Closed on
Dec 21, 2017
Sold by
Ritchie Sarah E
Bought by
Eichenberger Nicole Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 14, 2013
Closed on
Sep 25, 2013
Sold by
Harrelson Ryan P
Bought by
Ritchie Sarah E
Seller's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
Buyer's Agent
Stefan Doerrfeld
Twenty40 Real Estate + Development
List Price
$112,000
Sold Price
$109,000
Premium/Discount to List
-$3,000
-2.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.65%
Original Mortgage
$98,100
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2009
Sold by
Harrelson Ronald E and Harrelson Cathleen S
Bought by
Harrelson Lindsay E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,550
Interest Rate
5.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2006
Sold by
Morris Wood Enterprises Llc
Bought by
Harrelson Ronald E and Harrelson Cathleen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,932
Interest Rate
7%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lippens Jessica L $122,000 None Available
Eichenberger Nicole Michelle $115,000 None Available
Ritchie Sarah E $109,000 None Available
Harrelson Lindsay E $108,500 None Available
Harrelson Ronald E $107,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lippens Jessica L $115,757
Previous Owner Eichenberger Nicole Michelle $80,000
Previous Owner Ritchie Sarah E $98,100
Previous Owner Harrelson Ryan P $97,650
Previous Owner Harrelson Ryan P $10,850
Previous Owner Harrelson Lindsay E $103,550
Previous Owner Harrelson Ronald E $85,932
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2013 09/27/13 Sold $109,000 -2.7% $72 / Sq Ft
08/26/2013 08/26/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $112,000 -- $74 / Sq Ft
Source: Cedar Rapids Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,602 $147,400 $23,000 $124,400
2022 $2,392 $132,200 $21,000 $111,200
2021 $2,566 $124,400 $17,000 $107,400
2020 $2,566 $124,900 $17,000 $107,900
2019 $2,244 $112,600 $17,000 $95,600
2018 $2,108 $112,600 $17,000 $95,600
2017 $2,102 $105,000 $12,000 $93,000
2016 $2,231 $105,000 $12,000 $93,000
2015 $2,263 $106,400 $12,000 $94,400
2014 $2,078 $106,400 $12,000 $94,400
2013 $2,216 $106,400 $12,000 $94,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Cedar Rapids Area Association of REALTORS®

MLS Number: 1305727

Cedar Rapids Area Association of REALTORS®

APN: 20011-57001-01004